Mozambique Yields at Record as IMF Warns of Debt Distress

  • Public debt stock at 86% of GDP after loan disclosure
  • Economic growth to slow to 4.5% this year from 6.6% in 2015

Mozambique government bond yields jumped to a record 18.94 percent after the International Monetary Fund warned the southeastern African nation’s public debt was at a high risk of distress.

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